Yellen Urges Senate to Approve Tax Treaty Between US and Chile

Senate leaders should take action to approve a tax treaty with Chile, Treasury Secretary Janet Yellen has urged.

The treaty would reduce barriers to trade and help US companies compete with those based in other countries that already have treaties with Chile, Yellen wrote to Majority Leader Chuck Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) in letters made public Tuesday.

Treasury believes the Senate should move on the treaty by the end of the year, a department spokesperson said.

• The treaty is waiting on approval by the full Senate after it was voted out by the Foreign Relations Committee ...